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In 2017 Phosphate Aurora Inc.reported an increase in Accounts Receivable of $7,500 and cash collections on account of $430,000.Sales on account for the period were:
Private Sector
Part of the economy that is run by individuals and companies for profit and is not under direct state control.
Entrepreneurs
Individuals who initiate, manage, and assume the risks of starting and operating a business with the aim of making a profit.
Third Party
An entity involved in a transaction besides the two main parties; in insurance, the person other than the policyholder and the insurer who may be affected by or have a claim against the policy.
Costs
The amount that must be paid or spent to buy or obtain something.
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